Hypha Labs' Psilocybin Bioreactor Nominated for Best New Product of 2024

The coffee maker-sized device shortens the process for making psilocybin-enriched mycelium.

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Hypha Labs

Hypha Labs said its proprietary bioreactor, which allows individuals and companies to produce specialized mushroom ingredients such as psilcybin, has been nominated as "Best New Product of 2024" by the Santa Monica Daily Press (SMDP).

In the article, the Santa Monica Daily Press refers to Hypha Lab's flagship product, lauding its "groundbreaking technological advancement in the landscape and production of psilocybin mushrooms."

The article goes on to note Hypha Lab's potential impact on society, stating "As Hypha Labs continues to innovate, the potential benefits of the bioreactor will likely be felt far and wide, impacting the scientific community, mental health system, and consumers in need."

"We are honored to be acknowledged by an important voice in the Santa Monica Daily Press," stated Stone Douglass, CEO, Hypha Labs. "We are still at the very beginning of our journey as we prepare a full commercial launch in the coming months and accolades such as this from independent voices are important to our team and to potential partners."

"And it is important as we roll-out what I firmly believe is a revolutionary device that's looking to change so much in a revolutionary industry to be worthy of this high praise," added Douglass. "I can tell you that we are doing our level best to bring to market the most convenient, reliable and effective at-home producer of mushroom ingredients that this industry, that this wellness movement, has ever seen."

The company's bioreactor is a device roughly the size of a coffee maker that's designed to streamline and shorten the process for making psilocybin-enriched mycelium.

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